Omni Bridgeway
OBL.AX
#8059
Rank
NZ$0.32 B
Marketcap
$1.15
Share price
3.50%
Change (1 day)
-29.31%
Change (1 year)

P/E ratio for Omni Bridgeway (OBL.AX)

P/E ratio at the end of 2023: -23.1

According to Omni Bridgeway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.85325. At the end of 2023 the company had a P/E ratio of -23.1.

P/E ratio history for Omni Bridgeway from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-23.120.8%
2022-19.1-41.39%
2021-32.7-63.74%
2020-90.1498.18%
2019-15.1-63.93%
2018-41.8-328.52%
201718.369.69%
201610.8-70.49%
201536.581.84%
201420.177.67%
201311.3319.01%
20122.70-48%
20115.18-59.36%
201012.845.86%
20098.75172.98%
20083.20-69.21%
200710.4-114.96%
2006-69.6134.87%
2005-29.6-190.65%
200432.71336.83%
20032.27-118.26%
2002-12.41623.72%
2001-0.7223

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.